Question

selling price of an item costing rs 350 sold at 20% profit is

Answer 1

C.P. of article = Rs. 350

Profit = 20%

∴ S.P. = {C.P.(100 + Profit%)/100

= Rs. {350(100 + 20)}/100

= Rs.(350 × 120)/100

= Rs. 420

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Answer 2

Given :

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• CP of the article = Rs. 350
• Profit % = 20%

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To find :

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• The selling price of the article

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Solution :

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$\sf{SP=\cfrac{CP\:(100+Profit\:\%)}{100}}$

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$\implies\sf{\cfrac{350×120}{100}}$

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$\implies{\purple{\underline{\boxed{\sf{Rs.\:{\frak{420}}}}}}{\:\bigstar}}$

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Hence, the selling price of the article is Rs. 420.